Earlier this year, the first ever edition of TechCrunch Startup Battlefield Africa was announced. Among many applications, 15 African companies were selected from the following categories:
- Productivity and Utility: WeCashUp, Form+, Delivery Science, Abacus Invest, Sellio, Lori Systems
- Gaming and Entertainment: Big5 Games, Tango TV, Lomay, SynCommerce
- Social Good: ConnectMed, M-Shule, Dot Learn, Talent2Africa, AgroCenta
Since then, these 15 startups have worked tirelessly with TechCrunch’s editors on refining their business models and improving their demo.
It all culminated in a finale which held today October 11, in Nairobi Kenya. In the end, Lori Systems emerged as the top startup. Dubbed the “Uber for Lorries”, Lori systems is a Kenyan-based logistics platform that is revolutionising the cargo-transport value chain in Africa — from the ground up.
Asides the $25,000 equity-free fund, Lori Systems also won two all-expense paid tickets to compete at TechCrunch’s flagship event, Disrupt SF 2018, in San Francisco. In addition, the winning startup gets to join the TechCrunch Startup Battlefield Alumni Network which, according to TechCrunch, has collectively raised close to $7 billion and produced almost 100 exits and IPOs to date.
We congratulate Lori Systems for this remarkable milestone.
Jan. 18: Bonus Built in Africa episode: Town Hall meeting with Peter Salovey, President of Yale University
On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
Girl … with a pen. Content Creator.
